D.E. Shaw & Co Portfolio holdings
D. E. Shaw & Co., L.P., founded in 1988 by David E. Shaw, a former Columbia University computer science professor, is a New York City-based global investment management firm renowned for pioneering quantitative investing, managing over $70 billion in assets as of late 2024. Starting with $28 million from Paloma Partners and private investors, the firm employs sophisticated mathematical models and proprietary algorithms—initially developed by a team of scientists and programmers—to exploit market anomalies across public and private markets, including equities, fixed income, and alternatives. Headquartered above a Greenwich Village bookstore in its early days, it now boasts over 2,500 employees across offices in North America, Europe, and Asia, led by a seven-member Executive Committee since Shaw stepped back in 2001 to focus on D. E. Shaw Research. Despite setbacks like the 1998 Russia debt crisis and the 2008 financial downturn, the firm has maintained a reputation for analytical rigor, risk management, and innovation, balancing its computational roots with discretionary strategies.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$345M |
| 2 |
Biogen
BIIB
|
+$281M |
| 3 |
Bausch Health
BHC
|
+$244M |
| 4 |
SPDR Gold Trust
GLD
|
+$238M |
| 5 |
Coca-Cola
KO
|
+$206M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LyondellBasell Industries
LYB
|
+$397M |
| 2 |
AGN
Allergan Inc
AGN
|
+$374M |
| 3 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
+$347M |
| 4 |
Microsoft
MSFT
|
+$265M |
| 5 |
IBM
IBM
|
+$251M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 9.69% |
| 2 | Consumer Discretionary | 9.53% |
| 3 | Technology | 9.28% |
| 4 | Healthcare | 8.29% |
| 5 | Financials | 8.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1026
Melco Resorts & Entertainment
MLCO
$2.1B
| $8.83M | 0.01% |
411,314
-692,139
| -63% | -$16.6M |
|
|
SDRL
1027
DELISTED
Seadrill Limited Common Stock
SDRL
| $8.81M | 0.01% |
3,519
+316
| +10% | +$917K |
|
1028
CALL
Royal Caribbean
RCL
$78.7B
| $8.8M | 0.01% |
107,500
-10,000
| -9% | -$791K |
|
1029
PUT
Dominion Energy
D
$62.5B
| $8.79M | 0.01% |
124,100
-20,800
| -14% | -$1.54M |
|
|
GRA
1030
CALL
DELISTED
W.R. Grace & Co.
GRA
| $8.79M | 0.01% |
88,900
-20,000
| -18% | -$1.91M |
|
1031
PUT
AbbVie
ABBV
$458B
| $8.78M | 0.01% |
150,000
-26,600
| -15% | -$1.61M |
|
1032
Sunstone Hotel Investors
SHO
$2.19B
| $8.77M | 0.01% |
525,988
-727,471
| -58% | -$12.5M |
|
1033
Columbia Sportswear
COLM
$3.19B
| $8.76M | 0.01% |
143,802
-29,502
| -17% | -$1.49M |
|
|
SN
1034
DELISTED
Sanchez Energy Corporation
SN
| $8.75M | 0.01% |
672,696
+302,804
| +82% | +$3.7M |
|
1035
PUT
BHP
BHP
$213B
| $8.75M | 0.01% |
222,576
+100,644
| +83% | +$4.09M |
|
1036
PUT
Fluor
FLR
$7.29B
| $8.72M | 0.01% |
152,500
-164,000
| -52% | -$9.32M |
|
|
HBI
1037
PUT
DELISTED
Hanesbrands
HBI
| $8.71M | 0.01% |
260,000
-172,000
| -40% | -$5.21M |
|
|
ALXN
1038
PUT
DELISTED
Alexion Pharmaceuticals
ALXN
| $8.7M | 0.01% |
50,200
-24,400
| -33% | -$4.42M |
|
|
AJRD
1039
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $8.69M | 0.01% |
374,743
+187,339
| +100% | +$3.61M |
|
1040
PUT
Illinois Tool Works
ITW
$81.4B
| $8.68M | 0.01% |
89,400
-185,700
| -68% | -$17.9M |
|
|
MRO
1041
PUT
DELISTED
Marathon Oil Corporation
MRO
| $8.67M | 0.01% |
332,000
+168,300
| +103% | +$4.57M |
|
1042
CALL
United Airlines
UAL
$38.4B
| $8.66M | 0.01% |
128,800
-597,200
| -82% | -$40.5M |
|
|
MNDT
1043
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $8.61M | 0.01% |
219,384
+72,179
| +49% | +$2.79M |
|
|
CONE
1044
DELISTED
CyrusOne Inc Common Stock
CONE
| $8.59M | 0.01% |
275,992
+17,896
| +7% | +$528K |
|
1045
Amkor Technology
AMKR
$16.1B
| $8.58M | 0.01% |
971,150
+212,410
| +28% | +$1.73M |
|
|
OMG
1046
DELISTED
OM GROUP INC.
OMG
| $8.58M | 0.01% |
285,637
-63,817
| -18% | -$1.85M |
|
1047
Kinross Gold
KGC
$28.5B
| $8.56M | 0.01% |
3,822,177
-1,664,722
| -30% | -$4.84M |
|
|
XLNX
1048
PUT
DELISTED
Xilinx Inc
XLNX
| $8.55M | 0.01% |
202,100
-160,300
| -44% | -$6.57M |
|
|
ALXN
1049
CALL
DELISTED
Alexion Pharmaceuticals
ALXN
| $8.54M | 0.01% |
49,300
-24,400
| -33% | -$4.42M |
|
|
TUES
1050
DELISTED
Tuesday Morning Corp
TUES
| $8.48M | 0.01% |
526,660
-8,086
| -2% | -$153K |
|
Similar funds
D.E. Shaw & Co's Q1 2015 Portfolio in Review
As of Q1 2015, D.E. Shaw & Co held 4,408 positions worth $65.3B, down 16% from $77.8B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
D.E. Shaw & Co withdrew a net $15B in Q1 2015, closing 828 positions and reducing 1,784 holdings. Its most notable exit was Allergan Inc, an estimated $374M position sold in full.
By sector, the portfolio is most concentrated in Energy at 9.7% of assets, up from 8% a quarter earlier, followed by Consumer Discretionary and Technology.
Against the trend, D.E. Shaw & Co opened a new position in SPDR Gold Trust worth $231M.
- D.E. Shaw & Co's largest Q1 2015 buy was SPDR Gold Trust: 2,033,000 shares worth $231M.
- D.E. Shaw & Co added most to State Street SPDR S&P 500 ETF Trust in Q1 2015, an estimated $345M increase.
- D.E. Shaw & Co's biggest Q1 2015 reduction was LyondellBasell Industries, cutting an estimated $397M.
- D.E. Shaw & Co fully exited Allergan Inc in Q1 2015, selling an estimated $374M.
- D.E. Shaw & Co's ten largest holdings make up 11% of its $65.3B portfolio in Q1 2015.
- D.E. Shaw & Co opened 448 new positions and closed 828 in Q1 2015.
- D.E. Shaw & Co's portfolio value fell 16% quarter-over-quarter to $65.3B.
Based on D.E. Shaw & Co's 13F filing for Q1 2015, filed 15 May 2015.